S08.SI - Singapore Post Limited

SES - SES Delayed Price. Currency in SGD
1.30
+0.01 (+0.78%)
At close: 5:04PM SGT
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Previous close1.29
Open1.29
Bid1.29 x 0
Ask1.30 x 0
Day's range1.28 - 1.30
52-week range1.23 - 1.55
Volume4,034,800
Avg. volume4,985,024
Market cap2.949B
Beta0.97
PE ratio (TTM)216.67
EPS (TTM)0.01
Earnings date8 Feb 2018 - 12 Feb 2018
Forward dividend & yield0.03 (3.02%)
Ex-dividend date2016-11-15
1y target est1.25
  • Why SingPost's logistics segment is a drag to its growth
    Singapore Business Review8 days ago

    Why SingPost's logistics segment is a drag to its growth

    Singapore Post's (SingPost) logistics segment went into the red as operating profits turned into a loss of $4.2m in Q2. According to Maybank Kim Eng, even excluding provisions, the operating profit would have been $1m, which is much lower than the operating profit of $5m for 1Q2017. The segment was in bad debt for a key customer, Quantium Solutions HK.

  • SingPost profit down 9.5% to $28.47m in Q2
    Singapore Business Review10 days ago

    SingPost profit down 9.5% to $28.47m in Q2

    The e-commerce segment declined marginally by 1.2%. Singapore Post profit decreased 9.5% YoY to $28.47m in Q2 FY17/18 due to a one-off gain from the dilution of interest in an associated company. Despite ...

  • Daily Briefing: PropertyGuru sues 99.co; SingPost catches the Alibaba effect
    Singapore Business Review2 months ago

    Daily Briefing: PropertyGuru sues 99.co; SingPost catches the Alibaba effect

    PropertyGuru, Singapore’s largest property classifieds portal in terms of traffic, is suing rival startup 99.co over reproducing content from its website, according to court documents obtained by Tech in Asia. The next hearing will be held on September 20 in the Singapore Supreme Court. “In April 2016, we filed a writ of summons against 99.co. The case has been heard in the court since then,” says a PropertyGuru spokesperson.

  • SingPost's mall to generate $17m per annum
    Singapore Business Review3 months ago

    SingPost's mall to generate $17m per annum

    This could boost the group’s future earnings. Whilst Singapore Post's postal business continues to face declines due to e-substitutions, it mall segment is seen to boost its earnings in the coming years. ...

  • SingPost's e-commerce operating costs reach $4.2m
    Singapore Business Review4 months ago

    SingPost's e-commerce operating costs reach $4.2m

    Operational expenses were at $3.5m a year ago. Singapore Post is eyeing a turnaround plan for its eCommerce business as the segment's costs went up to $4.2m versus $3.5m a year ago. "Over the course of the next few months, SingPost’s CEO and the leadership team will be working with the board to review and update SingPost’s strategy, and deliver a roadmap focusing on improving the performance of the group," OCBC Investment Research analyst Low Pei Han said.

  • SingPost's postal business profits fall 14%
    Singapore Business Review4 months ago

    SingPost's postal business profits fall 14%

    The segment is badgered by the slumping domestic mail volume. Singapore Post missed net profit forecasts by Maybank Kim Eng analysts due to the weakness in its postal business segment. According to analyst John Cheong, the business continues to face challenges from declining domestic mail as more companies implement e-statements.

  • SingPost's net profit falls 13.6% to $30.97m
    Singapore Business Review4 months ago

    SingPost's net profit falls 13.6% to $30.97m

    It cracked under intense logistics competition pressure. Singapore Post felt the heat from the increasing competition in the logistics segment especially in the past quarter, contributing to the 13.6% decline in its net profit. It noted that the slump in net profit was also due to the lower domestic mail volumes and costs from planned investments.

  • Daily Briefing: What investors should know about SingPost's dividends; 11,000 new flats for senior citizens
    Singapore Business Review4 months ago

    Daily Briefing: What investors should know about SingPost's dividends; 11,000 new flats for senior citizens

    From The Motley Fool Singapore: Singapore Post Limited paid out seven cents in dividends per share for the financial year ended 31 March 2016 (FY15/16). The decision might not be surprising, given the tumultuous period that the Singapore Post had to endure in FY16/17. From PropertyGuru via Yahoo!: Singapore’s Housing and Development Board (HDB) had completed a total of 9,119 studio apartments catering specifically to the elderly age 55 and above from 2002 to June 2017, according to the Ministry of National Development (MND) in a parliamentary session on 1 August (Tuesday).

  • SingPost eyes using automation to address labour issues
    Singapore Business Review4 months ago

    SingPost eyes using automation to address labour issues

    This is part of its turnaround plan for TradeGlobal. Singapore Post's management is implementing a turnaround plan for TradeGlobal and this involves using warehouse automation to address labour issues. According to Maybank Kim Eng analyst John Cheong, the turnaround plan will also tackle structural issues facing the business.

  • SI Research: Singapore Post – A Turnaround In Sight?
    Shares Investment6 months ago

    SI Research: Singapore Post – A Turnaround In Sight?

    Singapore Post’s (SingPost) share price dipped 3.6 percent to close at $1.34 on 15 May 2017 after it took a massive impairment charge on its United States e-commerce business, TradeGlobal.

  • Is SingPost's revenue not growing fast enough?
    Singapore Business Review6 months ago

    Is SingPost's revenue not growing fast enough?

    Its headline rose 2% YoY in the past quarter. For UOB Kayhian, Singapore Post's revenue is not growing fast enough as it suffers operating costs. According to the brokerage firm, the topline managed to ...

  • Lazada moves warehouse ops to SingPost's e-commerce logistics hub
    Singapore Business Review6 months ago

    Lazada moves warehouse ops to SingPost's e-commerce logistics hub

    Online shopping firm Lazada announced its move to transfer its entire warehouse operations to Singapore Post's Regional e-commerce Logistics Hub in Tampines Logistics Park. “Moving Lazada Singapore’s entire warehouse operations to the SingPost Regional eCommerce Logistics Hub is the next natural step as we seek closer integration with our partners to better serve the needs of Singapore customers,” CEO of Lazada Singapore Alexis Lanternier said.

  • Is SingPost waiting in vain for e-commerce gains?
    Singapore Business Review6 months ago

    Is SingPost waiting in vain for e-commerce gains?

    Singapore Post's recent net loss of $65.2m proves it still has a long way to go in delivering its e-commerce promise. The loss is due to the impairment of its intangible assets for TradeGlobal. According to OCBC Investment Research, SingPost faced setbacks in e-commerce segment with TradeGlobal losing key customers.

  • SingPost comes under fire for breaching listing rules
    Singapore Business Review7 months ago

    SingPost comes under fire for breaching listing rules

    SGX has issued a public reprimand for SingPost. The Singapore Exchange has issued a public reprimand for Singapore Post after a special audit found out the lack of robust internal controls at the latter's board. In particular, SGX said SingPost breached Listing Rule 719(1), which requires an issuer to have a robust and effective system of internal controls, addressing financial, operational and compliance risks, as well as Listing Rule 703(4)(a), which requires that in complying with the Exchange’s disclosure requirements, the content of each announcement should be factual, clear and succinct.

  • Drones may soon deliver your next parcel
    Singapore Business Review7 months ago

    Drones may soon deliver your next parcel

    SingPost collaborates with Airbus Helicopters for aerial delivery system. Airbus Helicopters inked a deal with Singapore Post, making the latter its logistics partner for the innovative Skyways parcel delivery project. As a logistics partner for Skyways, SingPost will bring its expertise in software systems that control and manage delivery networks, customer-interface systems and real-time back-end links to a delivery system that serve the last mile.

  • Singapore Business Review8 months ago

    CapitaLand inks mall management deal with SingPost

    CapitaLand will oversee the 269,000 sq ft SingPost Centre mall. CapitaLand Limited, through its wholly owned shopping mall business CapitaLand Mall Asia, has signed its first third-party mall management contract in Singapore with Singapore Post (SingPost) for its upcoming mall at the new SingPost Centre.

  • SingPost boosts stakes in Indonesian entity
    Singapore Business Review9 months ago

    SingPost boosts stakes in Indonesian entity

    Singapore Post announced just recently that it will be upping its stakes in an Indonesian entity through Quantium Solutions International Pte Ltd. QSI is a JV between SingPost (66% stake) and Alibaba Investment Limited (34% stake) whereas QSLI is in the business of e-commerce logistics fulfilment in Indonesia.

  • SingPost's net profit slumps 27.9% to $31.4m
    Singapore Business Review9 months ago

    SingPost's net profit slumps 27.9% to $31.4m

    Despite a 16.8% uptick in its revenue for the past quarter to $369.4m, postal service provider Singapore Post still suffered a weak net profit of $31.4m, 28.5% lower than the previous period. The group said the declines were due to the operating losses in the US eCommerce business, costs related to the new Regional eCommerce Logistics Hub, and a fall in domestic mail volumes. Covering group CEO Mervyn Lim said SingPost is building out its capabilities, broadening and deepening its eCommerce logistics network to secure its future.

  • AFP11 months ago

    Asian postal services adapt to post-mail era

    With the pre-Christmas rush at its peak, a serpentine network of conveyor belts at Singapore Post's new logistics centre moves parcels destined for addresses across the world in time for the festive season. ...